Apple Cuts 150 Siri and Vision Pro Jobs Amid Greater AI Focus
Apple is laying off nearly 150 employees as it restructures to focus on artificial intelligence, the Los Angeles…
Wells Fargo Makes New Push to Recruit Wealth Managers
Wells Fargo has spent the last few years overhauling its wealth management business. Now, the banking giant is…
General Intuition Aims to Raise Capital to Power AI Robotics
General Intuition, which is developing a foundation artificial intelligence model with potential applications in robotics, is finalizing a…
Ex JPM COO Matt Zames to Advise Social Security Administration
Zames will serve in an unpaid advisory role and will join his former JPMorgan Chase colleague Frank Bisignano,…
Platforms Use Payments Data to Push Deeper Into Merchant Credit
A merchant that once represented a stream of transaction fees can now represent a lending relationship, and second-quarter…
Microsoft Unifies Consumer and Enterprise Copilot
Microsoft has begun combining its consumer and enterprise Copilot apps into a single product, starting a gradual transition…
Paysafe Wallet Users Rise 8% as iGaming Volume Accelerates
Paysafe added more consumers to its digital wallets in the second quarter, but those additional users did not…
Sionic Debuts Instant Bank Pay Via Microsoft Marketplace
With this integration, Sionic can offer real-time, bank-to-bank payments at the point of sale, the company said in…
MoneyLion Vets Launch Wealth Management Platform Astraeus
Two veterans of mobile banking firm MoneyLion have launched Astraeus, an infrastructure platform for wealth management companies. The company announced its launch last…
Paysafe Extends Digital Wallet to Poland
Global payments platform Paysafe has extended the availability of its digital wallet to Poland as the company continues…
Consumers Cut Extras as Credit Card Debt Nears a Record
The June credit report indicates that the checkout total can keep rising even when the consumer’s financial cushion…
Digital Wallets Reach More Than 1 in 10 In-Store Payments
Digital wallets are no longer simply changing how consumers present a payment at checkout. They’re also beginning to change where…